Crux Wealth Advisors Boosts Stock Holdings in The Walt Disney Company $DIS

Crux Wealth Advisors grew its holdings in The Walt Disney Company (NYSE:DIS) by 38.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,753 shares of the entertainment giant’s stock after purchasing an additional 2,992 shares during the quarter. Crux Wealth Advisors’ holdings in Walt Disney were worth $1,334,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Brighton Jones LLC boosted its position in Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after acquiring an additional 1,904 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Walt Disney by 8.1% during the 1st quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock worth $2,451,000 after purchasing an additional 1,856 shares during the last quarter. Advisor Resource Council bought a new stake in Walt Disney during the first quarter valued at about $434,000. Foundation Wealth Management LLC grew its stake in Walt Disney by 37.8% in the first quarter. Foundation Wealth Management LLC now owns 5,991 shares of the entertainment giant’s stock valued at $591,000 after purchasing an additional 1,644 shares during the last quarter. Finally, Mizuho Securities Co. Ltd. raised its holdings in Walt Disney by 1,605.6% in the first quarter. Mizuho Securities Co. Ltd. now owns 3,070 shares of the entertainment giant’s stock worth $303,000 after purchasing an additional 2,890 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Performance

Shares of DIS opened at $110.69 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The stock has a 50-day moving average of $114.86 and a two-hundred day moving average of $110.83. The stock has a market cap of $199.00 billion, a P/E ratio of 17.35, a P/E/G ratio of 1.45 and a beta of 1.54. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm had revenue of $23.65 billion during the quarter, compared to analysts’ expectations of $23.69 billion. During the same period last year, the business posted $1.39 earnings per share. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, research analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently weighed in on DIS. Susquehanna restated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Rosenblatt Securities restated a “buy” rating and issued a $141.00 target price on shares of Walt Disney in a research note on Friday. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. JPMorgan Chase & Co. increased their price objective on Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a report on Tuesday, July 29th. Finally, Guggenheim raised their price objective on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, June 27th. Nineteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.90.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.